Azerbaijan Highlights Investment Opportunities For Chinese Private Companies (PHOTO)
Date
9/20/2024 3:12:40 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 20. The potential
for investments from Chinese private companies in Azerbaijan has
been explored, Trend reports via Azerbaijan's Economy Ministry.
According to the ministry, the discussions took place within the
framework of the meeting of the Minister of Economy Mikayil
Jabbarov with the delegation of the All-China Federation of
Industry and Commerce (ACFIC), headed by Deputy Executive Chairman
Shen Yin.
Discussions highlighted the foundation laid by the "Joint
Declaration on Establishing Strategic Partnership between
Azerbaijan and the People's Republic of China" within the framework
of the Shanghai Cooperation Organization summit in Astana, which is
said to open new avenues for cooperation in trade, investment, and
the private sector.
Information was shared about the favorable business and
investment environment established for investors in Azerbaijan.
Successful collaboration with Chinese companies in various
sectors, including investment, industry, energy, and agriculture,
was emphasized, alongside the growing trade turnover. The
activities of Azerbaijan's trade representation in China have
enhanced the visibility of Azerbaijani products in the Chinese
market.
The meeting also underscored the potential for Chinese companies
to operate in Azerbaijan's industrial zones, including the Alat
Free Economic Zone, as well as in infrastructure and transportation
projects in liberated territories.
Discussions focused on expanding trade and economic relations,
enhancing partnerships between business circles, and fostering
collaboration in tourism, information and financial technologies,
and innovation.
Additionally, the participants exchanged views on investment
opportunities and the implementation of joint projects supported by
ACFIC initiatives.
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